Cal. Prob. Code § 5502

Current through the 2023 Legislative Session.
Section 5502 - Individuals who may obtain registration in beneficiary form

Only individuals whose registration of a security shows sole ownership by one individual or multiple ownership by two or more individuals with right of survivorship, rather than as tenants in common, may obtain registration in beneficiary form. Multiple owners of a security registered in beneficiary form hold as joint tenants with right of survivorship, as tenants by the entireties, or as owners of community property held in survivorship form, and not as tenants in common.

Ca. Prob. Code § 5502

Added by Stats. 1998, Ch. 242, Sec. 2. Effective January 1, 1999.